Valeritas Holdings, Inc., along with its three affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on February 9, 2020. The debtor listed its assets of $427.19 million and liabilities of $232.95 million. The debtor is represented by Maris J. Kandestin of DLA Piper LLP (US) as its legal counsel. The debtor also hired Lincoln International as it's investment banker, PricewaterhouseCoopers, LLP as financial advisor and Robert Jordan of Kurtzman Carson Consultants LLC as claims and noticing agent.